2 Bed Flat, Single Let, Reading, RG4 8BJ, £260,000

140 Gosbrook Road, Reading, RG4 8BJ - 6 months ago

Leasehold
BTL
ROI: 4%
53 m²
+4 photos

ValuationOvervalued

Sold Prices£146K - £585K
Sold Prices/m²£1.7K/m² - £5.7K/m²

 

 

Square Metres

53 m²
Price/m²£4.9K/m²

Value Estimate

£232,611

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£65,000

Stamp Duty & Legal Fees

£9,500

Total Cash In

£74,500

 

 

Cash Out

 

Rent Range

£1,200 - £3,280

Rent Estimate

£1,331

Running Costs/mo

£1,099

Cashflow/mo

£232

Cashflow/yr

£2,788

ROI

4%

Gross Yield

6%

Local Sold Prices

50 sold prices from £146K to £585K, average is £263.8K. £1.7K/m² to £5.7K/m², average is £4.4K/m².

PriceDateDistanceAddressBeds 
£265K10/220.07 mi140, Gosbrook Road, Caversham, Reading RG4 8BJ2
£230K05/210.12 mi168, Gosbrook Road, Caversham, Reading RG4 8BJ2
£250K10/220.13 mi94, Gosbrook Road, Caversham, Reading RG4 8BJ2
£262.5K09/210.16 mi91, Elliots Way, Caversham, Reading RG4 8BW2
£265K03/210.16 mi71, Elliots Way, Caversham, Reading RG4 8BW2
£295K02/230.19 mi74, Elliots Way, Caversham, Reading RG4 8BF2
£330K01/230.19 mi86, Elliots Way, Caversham, Reading RG4 8BF2
£300K04/210.32 miFlat 18, Regents Riverside, Brigham Road, Reading RG1 8QS2
£363K06/230.32 miFlat 57, Regents Riverside, Brigham Road, Reading RG1 8QS2
£227.5K09/210.33 mi2, Waller Court, Caversham, Reading RG4 6DB2
£260K02/210.33 mi28, Waller Court, Caversham, Reading RG4 6DB2
£230K03/210.33 mi14, Waller Court, Caversham, Reading RG4 6DB2
£335K12/220.34 mi9, Abbotsmead Place, Caversham, Reading RG4 8BB2
£340K02/230.4 mi11, Abbotsmead Place, Caversham, Reading RG4 8BB2
£395K10/200.42 mi37, Abbotsmead Place, Caversham, Reading RG4 8BB2
£269K06/210.42 mi4, Abbotsmead Place, Caversham, Reading RG4 8BB2
£277K03/210.42 mi2, Abbotsmead Place, Caversham, Reading RG4 8BB2
£295K03/210.42 mi20, Abbotsmead Place, Caversham, Reading RG4 8BB2
£330K04/230.42 mi45, Abbotsmead Place, Caversham, Reading RG4 8BB2
£350K10/220.42 mi57, Abbotsmead Place, Caversham, Reading RG4 8BB2
£255K03/210.49 mi35, Field View, Caversham, Reading RG4 5HD2
£200K06/210.51 mi72, Amersham Road, Caversham, Reading RG4 5NA2
£245K02/210.51 mi84, Amersham Road, Caversham, Reading RG4 5NA2
£270.9K10/220.53 mi100a, Meadow Way, Caversham, Reading RG4 5LY2
£230K09/210.53 mi124, Meadow Way, Caversham, Reading RG4 5LY2
£220K06/210.53 mi34, Meadow Way, Caversham, Reading RG4 5LY2
£240K06/210.56 mi6, Luscombe Close, Caversham, Reading RG4 5LG2
£245K03/210.56 mi24, Luscombe Close, Caversham, Reading RG4 5LG2
£255K12/200.56 mi10, Luscombe Close, Caversham, Reading RG4 5LG2
£187.2K03/210.56 mi23, Luscombe Close, Caversham, Reading RG4 5LG2
£286K03/230.56 mi8, Luscombe Close, Caversham, Reading RG4 5LG2
£407.5K10/200.57 miFlat 2, Balmore Park House, Newlands Avenue, Caversham, Reading RG4 8NS2
£257.5K05/210.58 miFlat 26, Caversham Place, Richfield Avenue, Reading RG1 8BY2
£185K12/200.58 mi1, Alston Walk, Caversham, Reading RG4 5DD2
£250K06/210.6 miFlat 5, Beech Court, Balmore Park, Caversham, Reading RG4 8PY2
£265K05/210.6 miFlat 3, Larch Court, Balmore Park, Caversham, Reading RG4 8PY2
£180K06/230.6 miFlat 19, Icon House, Merchants Place, Reading RG1 1EQ2
£367.5K02/210.6 mi6, George Close, Caversham, Reading RG4 5EW2
£250K02/210.62 miFlat 21, Projection West, Merchants Place, Reading RG1 1ET2
£198K12/200.64 mi59b, Cardiff Road, Reading RG1 8ET2
£234K10/200.65 miFlat 16, Jeffrey Place, Caversham Road, Reading RG1 7AY2
£146K06/210.69 mi6, Robert Parker Road, Reading RG1 3FN2
£490K05/210.71 miFlat 5, Treetops, The Mount, Caversham, Reading RG4 7RE2
£485K06/210.71 miFlat 10, Treetops, The Mount, Caversham, Reading RG4 7RE2
£585K03/230.71 miFlat 9, Treetops, The Mount, Caversham, Reading RG4 7RE2
£275K05/230.73 mi78, Kennet Walk, Reading RG1 3GF2
£229.9K01/210.78 mi187, Hemdean Road, Caversham, Reading RG4 7QX2
£243.5K12/200.79 miFlat 4, Warren House Court, St Peters Avenue, Caversham, Reading RG4 7RG2
£330K06/210.79 miFlat 22, Q2, Watlington Street, Reading RG1 4AY2
£270K07/210.8 miFlat 18, Kings Oak Court, Queens Road, Reading RG1 4PX2

Local Rents

49 rents from £1.2K/mo to £3.3K/mo, average is £1.6K/mo.

RentDateDistanceAddressBeds 
£1,67512/240.07 miKings Road, Reading, Berkshire, RG42
£1,40012/240.07 miKings Road, Caversham2
£1,60002/240.07 mi-2
£1,65007/240.11 miQueens Road, Caversham, Reading, Berkshire, RG42
£1,50012/240.14 miTamesis Place, Patrick Road, Caversham2
£1,65007/240.14 miPatrick Road, Caversham, Reading2
£1,65007/240.14 miTamesis Place2
£1,35012/240.14 miKings Road, Caversham, Reading2
£1,30012/240.16 mi-2
£1,45012/240.17 miArdler Road, Caversham2
£1,60007/240.19 miQueens Road, Caversham, RG42
£1,35012/240.19 mi-2
£1,35007/240.2 miSouth View Avenue, Caversham2
£1,70012/240.29 miSend Road, Caversham, Reading2
£1,65007/240.29 miRegents Riverside, Brigham Road, Reading2
£1,35012/240.29 miBriants Avenue, Caversham, Reading2
£1,70012/240.29 mi-2
£1,35012/240.29 miWillow Court2
£1,65003/250.29 mi-2
£1,35009/240.3 miLynmouth Court, Lynmouth Road2
£1,90007/240.3 mi-2
£1,70007/240.3 miNorman Place, Reading, RG12
£1,75012/240.31 miNorth Street, Caversham2
£3,28007/240.32 miRegents Riverside, Reading, Berkshire2
£1,60007/240.32 miDe Montfort Road, Reading2
£1,70007/240.33 miRegents Riverside, Brigham Road, Reading, RG12
£2,00002/240.33 mi-2
£3,28010/240.33 mi-2
£1,69507/240.33 miRegents Riverside2
£1,60008/240.33 miRegents Riverside, Brigham Road, Reading, Berkshire, RG12
£1,65007/240.33 miRegents Riverside, Brigham Road, Reading, RG12
£1,79507/240.34 miRegents Riverside, Brigham Road, Reading, Berkshire, RG12
£1,45004/250.34 mi-2
£1,20007/240.35 miPipers Gate, Star Road, Caversham, Reading, RG42
£1,25012/240.35 miPipers Gate, Star Road, Caversham, Reading, RG42
£1,50012/240.38 mi-2
£1,50012/240.38 miStar Road, Caversham, Reading2
£1,60012/240.39 miDickens Close, Caversham, Reading2
£1,79507/240.4 miNapier Road, Reading, Berkshire, RG12
£2,10007/240.4 miNapier Road, Reading, Berkshire, RG12
£1,90008/240.4 miNapier Road, Reading, Berkshire, RG12
£1,45007/240.4 miAbbotsmead Place2
£1,37512/240.41 mi-2
£2,10007/240.41 miThames Quarter, 2 Nap, Reading, RG12
£1,85007/240.41 miNapier Road, Reading, Berkshire, RG12
£2,10007/240.41 miNapier Road, Reading, Berkshire, RG12
£2,10007/240.41 miNapier Road, Reading, Berkshire, RG12
£2,05007/240.41 miNapier Road, Reading, Berkshire, RG12
£1,90007/240.41 miNapier Road, Reading, Berkshire, RG12

Local Area Statistics

Population in RG4

39,160

Population in Reading

321,187

Town centre distance

0.92 miles away

Nearest school

0.20 miles away

Nearest train station

0.50 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+35%

Sales demand

Seller's market

Capital growth (5yrs)

+13%

Property History

Listed for £260,000

October 7, 2024

Sold for £265,000

2022

Sold for £160,000

2013

Sold for £91,000

2001

Floor Plans

Description

  • Leasehold Term 125 years from 09/05/1983 +
  • Convenient for Caversham's Village Centre +
  • Overlooking Kings Meadow +
  • Apartment with balcony +
  • Two bedrooms +
  • Refitted kitchen +
  • Refitted bathroom +
  • Wooden flooring +
  • Gas heating +

Property Description

Set in this popular development within Caversham, overlooking Kings Meadow and being within striking distance of Reading Station is this two bedroom apartment with balcony. Refitted kitchen, refitted bathroom, wood flooring and storage cupboards and outbuilding.
No chain

Property Details

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Agent Details

Chancellors, Reading

0118 230 1565

Next Steps?

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